Blue State Dems Throw Wrench in Plan to Extend Life of Zero Emission Power Plant
6 hours ago Guest Blogger 16 Comments
Daily Caller News Foundation
ROBERT SCHMAD
CONTRIBUTOR
The Democratic-controlled California Senate and Assembly opposed a loan that would extend the lifespan of the state’s last remaining nuclear power plant, Newsweek reported Friday.
Democrats in the California state legislature voted Thursday to cancel a $400 million loan proposed by Democratic Gov. Gavin Newsom that would help keep the state’s Diablo Canyon nuclear facility open until 2030, five years longer than its current expiry date, according to Newsweek. Nuclear energy produces zero carbon emissions and the Diablo Canyon plant in particular produces 9% of the energy used by California’s nearly 40 million inhabitants, according to the Department of Energy (DOE).
California lawmakers cited estimates claiming that keeping the plant open past its current 2025 closing date could cost nearly $12 billion as their reasoning for opposing the loan, the Associated Press reported. Pacific Gas & Electric, the company operating the plant, pushed back on these estimates, saying the extension will cost $8.3 billion and argued that “the financial benefits exceed the costs.” (RELATED: Org That Wants To Cut Carbon Emissions Sues To Close Zero-Emission Nuclear Power Plant)
https://dailycaller.com/2024/06/14/blue-state-dems-throw-wrench-diablo-canyon-plant/